Ashford Hospitality Trust Inc (NYSE:AHT)’s traded shares stood at 0.58 million during the last session, with the company’s beta value hitting 2.36. At the close of trading, the stock’s price was $1.04, to imply an increase of 14.29% or $0.13 in intraday trading. The AHT share’s 52-week high remains $3.15, putting it -202.88% down since that peak but still an impressive 25.96% since price per share fell to its 52-week low of $0.77. The company has a valuation of $52.21M, with an average of 0.33 million shares in intraday trading volume over the past 10 days and average of 393.20K shares over the past 3 months.
Ashford Hospitality Trust Inc (NYSE:AHT) trade information
After registering a 14.29% upside in the last session, Ashford Hospitality Trust Inc (AHT) has traded red over the past five days. The 5-day price performance for the stock is 14.29%, and 4.37% over 30 days. With these gigs, the year-to-date price performance is -46.39%. Short interest in Ashford Hospitality Trust Inc (NYSE:AHT) saw shorts transact 1.61 million shares and set a 4.14 days time to cover.
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The extremes give us $2 and $10 for target low and target high price respectively. As such, AHT has been trading -861.54% off suggested target high and -92.31% from its likely low.
Ashford Hospitality Trust Inc (AHT) estimates and forecasts
Looking at statistics comparing Ashford Hospitality Trust Inc share performance against respective industry, we note that the company has underperformed competitors. Ashford Hospitality Trust Inc (AHT) shares are -33.76% down over the last 6 months, with its year-to-date growth rate lower than industry average at -165.28% against -2.90%. The rating firms project that company’s revenue will shrink -15.10% compared to the previous financial year.
Revenue forecast for the current quarter as set by 3 analysts is 316.48M. Meanwhile, for the current quarter, a total of 3 analyst(s) estimate revenue growth to 275.67M.Earnings reports from the last fiscal year show that sales brought in 375.75M and 343.01M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -15.80% before dropping -19.60% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 49.75% for the past 5-year period. While 2024 is set for a 111.22% return in earnings, projections for the next 5 years are at 5.00% annually.
AHT Dividends
Ashford Hospitality Trust Inc has its next earnings report out in September. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. The company’s average dividend yield trailing the past 5-year period is 14.72%.
Ashford Hospitality Trust Inc (NYSE:AHT)’s Major holders
Ashford Hospitality Trust Inc insiders hold 1.15% of total outstanding shares, with institutional holders owning 23.78% of the shares at 24.05% float percentage. In total, 23.78% institutions holds shares in the company, led by CASTLEKNIGHT MANAGEMENT LP. As of 2024-06-30, the company held over 4.15 million shares (or 10.7906% of shares), all amounting to roughly $4.03 million.
The next major institution holding the largest number of shares is VARDE MANAGEMENT, L.P. with 2.09 million shares, or about 5.4423% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $2.03 million.
